US Dollar, DXY, NFPs, Technical Analysis – Asia Pacific Market Open:US Dollar gained against its major counterparts on MondayLiquidity came back, allowing markets to fully digest NFPsDXY bounced off a
GBP Technical and Fundamental Forecast: MixedUK economic data fails to inspire: GDP failed to grow in the month of FebruaryMarkets gear up for a 25 basis point hike in May
Gold, XAU/USD - Weekly Forecast:Short-term upward momentum in gold remains strong.The yellow metal appears set to test major hurdle at 2069-2072.What are the factors and levels to watch out for?
AUD/USD ANALYSIS & TALKING POINTSApril’s Westpac consumer confidence echoes optimism in Australian households.Australian barley tariff removal could begin domino effect on other commodities.US Fed speakers under the spotlight today.AUD/USD to
8:55am Trade (1 HR) EURUSD:Buy 1.09690 tp 1.09791Sell 1.09547 tp 1.09453 GBPUSD:Buy 1.24741 tp 1.24842Sell 1.24435 tp 1.24302 USDJPY:Buy 134.842 tp 135.053Sell 134.549 tp 134.370 USDCAD:Buy 1.34201 tp 1.34288Sell 1.34029
As of right now the Trend Probability Indicator is still bullish: this means that we are still on the lookout for continuations in the trend. We see a lot of
8:30am Trade (1 HR) EURUSD:Buy 1.09648 tp 1.09742Sell 1.09501 tp 1.09397 GBPUSD:Buy 1.24220 tp 1.24296Sell 1.24117 tp 1.24044 USDJPY:Buy 134.475 tp 134.589Sell 134.311 tp 134.193 USDCAD:Buy 1.33805 tp 1.33893Sell 1.33667
MKRUSDT looks like it's ready to breakout very very soon. MKR has maintained the bullish higher low structure. If it retests the top of the range, it would be 61
8:50am Trade (1 HR) EURUSD:Buy 1.10011 tp 1.10086Sell 1.09906 tp 1.09831 GBPUSD:Buy 1.24266 tp 1.24345Sell 1.24155 tp 1.24087 USDJPY:Buy 134.018 tp 134.149Sell 133.854 tp 133.742 USDCAD:Buy 1.33504 tp 1.33585Sell 1.33390
Hong Kong’s Hang Seng Index leapt higher after Chinese PMI readings were much better than expected amid hopes that the world’s second-largest economy might stoke global growth.Hang Seng Index, HSI,